Cathie Wood's Ark Invest bought $21M in Block shares and $2.3M in SpaceX stock on August 6, deepening its bets on bitcoin and Musk's ventures.

SpaceX plunged as investors grew concerned about the firm's $18.4 billion in capital expenditure during Q2, despite revenue growth.

Ark Invest bought SpaceX shares despite a post-earnings selloff while adding to its Nvidia stake on Wednesday, Aug. 5, 2026.